# GSF-3100 — Marché des capitaux (Capital Markets) [](https://www.latex-project.org/) [](#-repository-structure) [](#-course-description) [](#-course-description) [](#-repository-structure) [](#-repository-structure) [](#-license) **Author**: Simon-Pierre Boucher **Contact**: [contact@spboucher.ai](mailto:contact@spboucher.ai) **Course**: GSF-3100 — Marché des capitaux **Level**: Undergraduate (3 credits) **Language of materials**: French --- ## 📚 Course Description This repository contains the complete lecture materials (LaTeX Beamer slide decks and compiled PDFs) for **GSF-3100 — Marché des capitaux**, an undergraduate capital-markets course focused on fixed-income securities. The course provides an in-depth analysis of capital markets, their primary financial instruments, and their roles in fund and risk intermediation: - **Bond mathematics** — pricing, yield measures, accrued interest, day-count conventions - **Interest-rate risk** — duration, convexity, and volatility in the bond market - **Term structure of interest rates** — spot/forward rates, yield-curve theories - **Money markets** — T-bills, commercial paper, bankers' acceptances, repos - **Government, corporate, and international bond markets** — issuance, credit ratings, market conventions (with a focus on the Canadian market) - **Bond portfolio management** — investment process, active/passive strategies, immunization - **Securitization** — mortgage markets and asset-backed / mortgage-backed securities ## 📁 Repository Structure Each section is a standalone LaTeX Beamer presentation. Source (`.tex`), compiled slides (`.pdf`), and supporting images live together in the section folder. | Section | File | Topic | |---|---|---| | 01 | `Section 1/GSF3100_S01.tex` | Introduction du cours | | 02 | `Section 2/GSF3100_S02.tex` | Mathématiques financières des obligations | | 03 | `Section 3/GSF3100_S03.tex` | Volatilité dans le marché obligataire (durée, convexité) | | 04 | `Section 4/GSF3100_S04.tex` | Structure des taux d'intérêt | | 05 | `Section 5/GSF3100_S05.tex` | Marché monétaire | | 06 | `Section 6/GSF3100_S6.tex` | Marché obligataire gouvernemental | | 07 | `Section 7/GSF3100_S7.tex` | Marché des obligations corporatives | | 08 | `Section 8/GSF3100_S08.tex` | Marché obligataire international | | 09a | `Section 9/a/GSF3100_S09a.tex` | Gestion de portefeuille obligataire — 1ʳᵉ partie | | 09b | `Section 9/b/GSF3100_S09b.tex` | Gestion de portefeuille obligataire — 2ᵉ partie | | 09c | `Section 9/c/GSF3100_S09c.tex` | Gestion de portefeuille obligataire — 3ᵉ partie | | 10a | `Section 10/a/GSF3100_S10a.tex` | Marché des titres adossés à des créances — 1ʳᵉ partie | | 10b | `Section 10/b/GSF3100_S10b.tex` | Marché des titres adossés à des créances — 2ᵉ partie | Supporting assets: `Section 1/BOOK.jpg` (course textbook cover), `Section 9/a/8.png`, `Section 10/b/Pool.png` (mortgage-pool diagram). ## 🛠️ Building the Slides All decks compile with **pdflatex** (tested with TeX Live 2026). Required packages (all included in a full TeX Live install): `beamer`, `graphicx`, `tikz` (with the `snakes` library), `booktabs`, `pdflscape`, `enumitem`, `fontenc`/`inputenc`. Compile a single deck (run twice for the table of contents and navigation): ```bash cd "Section 2" pdflatex GSF3100_S02.tex pdflatex GSF3100_S02.tex ``` Compile everything from the repository root: ```bash find . -name "*.tex" | while read -r f; do d="$(dirname "$f")"; b="$(basename "$f")" ( cd "$d" && pdflatex -interaction=nonstopmode "$b" && pdflatex -interaction=nonstopmode "$b" ) done ``` Pre-compiled PDFs are included in each section folder, so no LaTeX installation is needed just to read the material. ## 🎯 Prerequisites A basic understanding of finance and economics is recommended (introductory corporate finance and microeconomics). ## 📈 Learning Outcomes By the end of this course, students will be able to: - Price fixed-income securities and compute standard yield measures - Quantify interest-rate risk using duration and convexity - Interpret the term structure of interest rates and its underlying theories - Compare money-market, government, corporate, and international bond instruments - Design and evaluate bond portfolio strategies, including immunization - Explain the securitization process and the mechanics of mortgage-backed securities ## 📄 License These materials are provided for educational purposes, intended for students enrolled in the GSF-3100 course. Please contact the author for any other use. --- **Maintained by**: Simon-Pierre Boucher — [contact@spboucher.ai](mailto:contact@spboucher.ai)